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Independence Group NL Stock Dividends Overview

IGO.AX pays dividends biannually. Last paid amount was $0.110 at Mar 27, 2024. As of today, dividend yield (TTM) is 1.59%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.59%
Frequency Biannually
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.110
Independence Group NL has not yet announced its next dividend date. Last payment date was: Mar 27, 2024.

IGO Dividend Payout History

To ensure a understanding of IGO's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 12, 2024 Mar 12, 2024 Mar 27, 2024 $0.110 1.59%
2 Mar 16, 2023 Mar 16, 2023 Mar 16, 2023 $0.140 1.16%
3 Sep 15, 2022 Sep 15, 2022 Sep 15, 2022 $0.0500 0.342%
4 Mar 03, 2022 Mar 03, 2022 Mar 03, 2022 $0.0500 0.406%
5 Sep 07, 2021 Sep 07, 2021 Sep 07, 2021 $0.100 1.04%
6 Sep 10, 2020 Sep 10, 2020 Sep 10, 2020 $0.0495 1.14%
7 Jan 30, 2020 Feb 13, 2020 Feb 28, 2020 $0.0594 1.14%
8 Aug 29, 2019 Sep 12, 2019 Sep 26, 2019 $0.0792 1.24%
9 Jan 31, 2019 Feb 14, 2019 Mar 01, 2019 $0.0198 0.417%
10 Aug 29, 2018 Sep 13, 2018 Sep 27, 2018 $0.0198 0.434%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (73.05%)

Growth potential

Stable (16.83%)

IGO Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from IGO dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in IGO stock here.

Comparing IGO to Sector and Country

IGO.AX pays a solid dividend yield of 1.59%, which is higher than the average of the bottom 25% of dividend payers in the AU market (0.210%). IGO.AX’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the AU market (6.90%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of IGO.AX's dividend payments?
The amount of IGO.AX's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in IGO.AX sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from IGO.AX stock be automatically reinvested?
If IGO.AX offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy IGO.AX stock.

How often does IGO.AX pay dividend?
Independence Group NL (IGO.AX) pays dividends biannually. The most recent payout was on Mar 27, 2024.

How much does IGO.AX pays per share?
The last recorder (Mar 12, 2024) dividend per share was $0.110.

What is IGO.AX dividend growth rate?
Over the last year, Independence Group NL has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 3.23%. Furthermore, examining the past 5 years, Independence Group NL has maintained an average Dividends Per Share Growth Rate of 6.80%.
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About Independence Group NL

Independence Group NL IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located in the Great Western Woodlands, northeast of Norseman. The company's primary properties are the Fraser Range nickel-copper and Paterson copper projects. It focuses on investing in lithium... IGO.AX Profile

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